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Approximately $3.9 billion ETH is queued to exit the Ethereum PoS network, while about $1.16 billion ETH is waiting to join.
On August 18, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network reports 872,893 ETH, worth approximately $3.9 billion. The number of ETH queued for exit has increased for six consecutive days, with an estimated waiting time of about 15 days and 4 hours. Meanwhile, there are approximately 259,783 ETH waiting to join the network, worth about $1.16 billion, with an expected activation latency of about 4 days and 12 hours. Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to lock in profits after Ethereum's significant rise since April's low, leading to a surge in the exit queue; on the other hand, new deposits driven by favourable information and institutional demand are also pushing up the entry queue, as listed companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake.